03/18/2020
COVID-19: FCA information for firms
Our rules give firms the ability to consider their arrangements and customers’ circumstances.
Legal, Regulation & Compliance
03/18/2020
Janus Henderson suspends property fund as Covid-19 takes toll
The firm’s UK Property fund becomes the second Coronavirus casualty.
03/18/2020
ESMA and CSSF guidance on the impact of COVID-19 on financial markets
Both ESMA and the CSSF have stressed the importance of maintaining an ongoing and active cooperation between national and European competent authorities.
03/18/2020
Second property fund suspended amid Covid-19
Janus Henderson said: “Given this uncertainty, the board...has decided to temporarily suspend dealings in the Janus Henderson UK Property fund and its associated feeder fund to protect the interests of all investors.
03/18/2020
PFS warns of Mifid 'workload pressure' under coronavirus
Markets have seen some of their biggest daily declines in 30 years as countries close borders and introduce lockdowns to curb the coronavirus crisis.
03/18/2020
Mourant named 'Best Offshore Law Firm' by Private Equity Wire
"We’re honoured to have been named the leading offshore law firm for private equity work, and we're proud that our fully-integrated global team’s consistent strength and capability has been recognized by industry peers.”
03/17/2020
EU shuns UK call for quick agreement on financial services
The fresh row highlights the City's fears its bankers could be blocked from conducting business in Europe after Brexit.
03/17/2020
Royal London updates critical illness cover
'A worthwhile upgrade'
03/17/2020
Feifa partners with UK wealth firm
To expand the number of investment strategies offered to its members
03/17/2020
COVID19 checklist for pension schemes
It also prioritises actions over different time periods, from actions required immediately to those recommended over the next three months and beyond.
03/17/2020
FCA to postpone 'non-critical' work amid Covid-19 crisis
The regulator said its dialogue with firms and trade associations would continue over the coming weeks, including assessing the steps being taken to support customers.
03/17/2020
European banks hit again after central bank moves
The price of Unicredit's perpetual bonds, callable from June 2023, fell to EUR80 ($89.30), from around EUR113 in mid-February, indicating investors see a significant risk its capital could be depleted enough to trigger the bonds' conversion to e
03/17/2020
Hedge fund Bridgewater places $15 billion in bets against Europe and UK
Hedge funds engage in the practice of ‘shorting’ by borrowing a stock from an institutional investor, such as a pension plan, and selling it back at a profit when the price drops.
03/17/2020
UK-Based Law Firm Rebuked by Regulator Over Money Laundering Training
The regulator also ordered the firm to pay about $1,650 to cover the costs of its investigation.
03/17/2020
Another Kind of Outbreak: COVID-19 as Financial Crime Threat
With global attention on the outbreak itself, criminals need only be successful with a fraction of their potential victims to take advantage of the unfortunate situation that has unfolded.
03/17/2020
The implications of coronavirus on the aviation finance industry
Concern is rising generally for airlines, do they have enough liquidity to survive until the flight restrictions and corporate travel bans are lifted
03/17/2020
Latest Magic Circle Firm Instructs London Office To Work Remotely
The firm says it will review the situation after two weeks and a small team will remain at the office to perform essential services.
03/17/2020
Coronavirus - A New Regulatory Risk Facing Firms in the UK Financial Sector
COVID-19 is reported to be highly contagious and a more severe disease than seasonal influenza in a population where no-one has immunity to the new virus.
03/17/2020
Lords call to postpone IR35 reform amid Covid-19 fallout
Now, peers are warning to continue with the planned changes in light of the market chaos caused by the ever-spreading coronavirus outbreak would be "perverse".
03/16/2020
European Commission report on implementation of CSMAD
REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the implementation of Directive 2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions for market abuse (market abuse directive)